IDBI Bank reports 18.27% rise in global advances
In short
IDBI Bank said its global advances rose 18.27% from a year earlier to ₹15.12 lakh crore. Global deposits also grew 16.75% to ₹17.51 lakh crore.
That suggests the bank is growing its business, but the report does not give the full quarter-end context. It is not stated whether profits, bad loans or margins changed.
What the reporting says
IDBI Bank reported that global advances rose 18.27% year on year to ₹15.12 lakh crore and global deposits increased 16.75% to ₹17.51 lakh crore, according to a publisher summary. The update also points to a stronger business run-rate, but it does not state the period end or the bank’s full total business figure in the available reporting. No commentary on asset quality, margins or profitability was provided.
Why it matters
IDBI Bank reported higher global advances and deposits in its update, with advances at ₹15.12 lakh crore and deposits at ₹17.51 lakh crore. The figures show growth of 18.27% and 16.75% year on year, respectively. The source does not provide the reporting date, the bank’s total business number, or any details on profitability, asset quality or management commentary.